Latest Health insurance providers News

CVS gets a 3Q booster shot from Aetna as revenue soars

Nov. 6, 2019 11:18 AM EST

CVS Health revenue surged in the third quarter as the drugstore chain and pharmacy benefits manager added health insurance and pushed ahead with a plan to change how many of its stores operate. The company said Wednesday its roughly $69 billion acquisition of the insurer Aetna helped its top line climb 36% in the...

Warren vows no middle class tax hike for $20T health plan

Nov. 1, 2019 5:51 PM EDT

WASHINGTON (AP) — Elizabeth Warren on Friday proposed $20 trillion in federal spending over the next decade to provide health care to every American without raising taxes on the middle class, a politically risky effort that pits the goal of universal coverage against skepticism of government-run health...

Kentucky-based insurer Humana to lay off 2% of workforce

Oct. 29, 2019 6:03 AM EDT

LOUISVILLE, Ky. (AP) — A health insurance provider says it's laying off more than 800 people. The Louisville, Kentucky-based Humana announced Monday it'd be cutting 2% of its workforce by the end of the year, with some employees being let go as early as Thursday. Severance will be provided. The...

Racial bias in health care software aids whites over blacks

Oct. 25, 2019 5:52 PM EDT

A widely used software program that helps guide care for millions of patients is flawed by unintentional racial bias that leads to blacks getting passed over for special care, according to a new study. The software predicts costs rather than sickness. It is used by U.S. insurers and hospitals to direct...

Asian shares rise after Wall Street gain on solid earnings

Oct. 15, 2019 10:43 PM EDT

TOKYO (AP) — Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. Japan's benchmark Nikkei 225 rose 1.6% in morning trading to 22,554.05, while Australia's S&P/ASX 200 gained 1.0% to 6,720.10, while South Korea's Kospi added 0.6% to...

UnitedHealth hikes annual forecast, offers glimpse into 2020

Oct. 15, 2019 12:50 PM EDT

UnitedHealth Group raised its 2019 forecast and detailed another better-than-expected quarter Tuesday, but shares soared after company leaders mentioned next year's growth prospects. CEO David Wichmann told analysts it would be "reasonable and prudent" for them to set initial expectations for core operating...

California hospital chain going to court over high prices

Oct. 10, 2019 3:43 PM EDT

SAN FRANCISCO (AP) — One of California's largest hospital systems is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. The antitrust lawsuit against Sutter Health, which operates 24 hospitals with 5,500 doctors across...

Doctors turn to thumbs for diagnosis and treatment by text

Oct. 8, 2019 10:55 AM EDT

SACRAMENTO, Calif. (AP) — Dr. Anna Nguyen spoke with none of the five patients she treated on a recent weekday morning. She didn't even leave her dining room. The emergency physician nevertheless helped a pregnant Ohio woman handle hip pain, examined a Michigan man's sore throat and texted a mom whose son...

Kansas rural hospital survives bankruptcy, failed management

Oct. 4, 2019 1:05 AM EDT

KANSAS CITY, Mo. (AP) — Sitting at the edge of the gently undulating landscape of the Flint Hills in east-central Kansas, the town of Hillsboro boasts a small hospital that has survived a remarkable roller coaster ride even as other rural hospitals stagger and fail. Nine months ago, everything seemed to be...

Trump cites his support for Medicare, slams Medicare for All

Oct. 3, 2019 4:28 PM EDT

THE VILLAGES, Fla. (AP) — President Donald Trump on Thursday accused Democrats of an all-out attempt to “totally obliterate Medicare” and portrayed himself as the program’s defender as he signed a directive to expand the program’s private insurance options. Trump skipped past...